Friday, December 16, 2011

Mid-month recording stats

With December half over, I thought a quick look at recording statistics to date would be worthwhile, so I've compared recordings during December 1 to 15 in both 2010 and in 2011.  Interestingly, the number of deeds and orders of notice recorded were nearly identical during the two periods.  For those two weeks in 2010, there were 231 deeds recorded; for the same time in 2011, there were 233.  In those two weeks in 2010, there were 28 orders of notice; the exact same number were recorded in 2011.  It was a different story with the other two document types we follow.  Mortgages were down considerably, falling from 856 in the first half of December 2010 to 630 for the same days in 2011, a drop of 26%.  And foreclosure deeds were way up, jumping from 7 in 2010 to 24 in 2011.  To put that number in perspective, if we projected it over the entire month, it would give us 48 foreclosure deeds, a number that would exceed the total for any other month in 2011.  In 2010, however, eight different months had more than 48 foreclosure deeds recorded.

Be sure to check back at the beginning of January when we'll have stats for the entire month of December and for all of 2011.

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